WOOL SUPPLIES
ALLOTMENT TO UNITED STATES. DECLARED SATISFACTORY By Telegraph—Press Association—Copyright. (Received This Day, 12.30 p.m.) NEW YORK, December 17. Mr Arthur Besse. and Mr McClyde Moore, president of the Boston Wool Trade Association, in a joint statement on the wool announcement, say it is most welcome to the trade generally and expressed the opinion that it will have a highly constructive influence. "Our analysis," they say, "is that the industry can proceed confidently with an allotment of 75 million bales, equivalent to 12 million pounds of clean wool —a small quantity to supply the United States industry until the new domestic markets are availible in May. June, and July. It should be realised that it will be some time before Australian wool is available. The mills were informed that there was no possibility that the British authorities would offer lower prices."
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Wairarapa Times-Age, 18 December 1939, Page 8
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142WOOL SUPPLIES Wairarapa Times-Age, 18 December 1939, Page 8
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